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Symphony Hills, Cyberjaya, Twin Villa, 3story Terrace RM1m+
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investor01
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 Oct 22 2015, 08:28 PM
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currently Cyberjaya has a very low occupation rate simply because not many people want to stay there. There is (and will get worst) an oversupply of properties...
The developers are just so greedy, they keep building and building..and the master developer of cyberjaya has failed in terms of attracting proper investments such as MNCs to set up large scale operations (just a handful of them there) into cyberjaya.
So now they are just interested in any kind of development as long as they can show their "investment into cyberjaya" numbers. They keep approving residential developments cause that is the easiest to sell...
The capital appreciation in cyberjaya has been virtually nothing because of this, just look at those who bought the first phase of Schubert years ago, the price has not moved up at all. If this same property was located in say subang for example, they would have gotten 50-70% appreciation already.
The developers have become greedy and investors are falling into their trap.
Yes cyberjaya has potential, however the situation now is that there is an oversupply and more units keep flooding the market. There is not enough demand to absorb all of this.
What is needed is more commercial developments (which are slowing coming in) such as offices, malls, shops, schools, hospitals, public transports, markets etc and no more residential units.
Just one development (Lakefront - MCT) is going to have approximately 5,000 units of apartments. 2400 of them are due to be completed by 2018. That's just one development, there are so many currently in progress and planned to be launched next 1-2 years...
Just my thoughts..
This post has been edited by investor01: Feb 15 2016, 09:52 AM
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investor01
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Oct 22 2015, 09:24 PM
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QUOTE(CK15 @ Oct 22 2015, 08:38 PM) U don't like not mean others are same. Investor better stay away from CBJ. Of course..i do not represent the market..as i said, its just my thoughts.. |
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investor01
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Nov 4 2015, 09:49 PM
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QUOTE(MrHunter @ Oct 30 2015, 11:51 PM) Recent rebate for limited units were sapued kering kering. Whenever there was unit dropoff due to loan reject there was taken by ppls from waiting list. 1.1xm is seriously a value buy. Last check with the sales person, only left a corner unit which is around 200k more. The rest is priced at 1.3mil already after rebate. 1.6mil is a bit hard to clear at this market. Anyway, no flipping game anymore. Buyer need to change the investment mindset nowadays. Good days were gone. Reality kick in. Hold x 3. CCC masterplan looks great. wow..successful campaign. if u look at the final net price, its still RM 1 million plus, and properties at that price rarely sell like hot cakes..this shows people are still confident with the development and cyberjaya overall. Cyberjaya is a great place in the making, if its goes in the right direction. Still must be careful with the type of developments and infrastructure. CCC is a good example of good planning, need more office and commercial place together with public transport (HSR/MRT etc) to sustain cyberjaya... |
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investor01
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Dec 22 2015, 10:30 PM
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whats the rental for Schubert bare unit ar?
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investor01
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Jan 1 2016, 10:27 PM
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QUOTE(ekuinox @ Dec 31 2015, 04:07 PM) To home owners @ SH. I would advice you to check your defects thoroughly before the DLP is over. I had quite a number of defects and some of them from the top of my head - 1) Major leaking problems in different parts of the house. 2) Drain blockage 3) Various wiring problems 4) Broken tiles in various different areas 5) Aluminum door problems 6) Cracks on walls 7) Worn out paint, especially the court yard area 8) smart home switch issues 9) wood flooring damages 10) permanently stained tiles 11) Water heater issues that's all i can think of, for now. You need to check everything thoroughly and vent your disappointment to UEM or else they always blame one another. especially there are multiple parties involved. Such as 1) The Management 2) Project Handover Department (PHD) 3) Project Team 4) Contractor 5) Sub Contractors. Hope this helps. Oh God, so many issues. Hopefully UEM Sunrise puts extra effort in rectifying these kind of defects before handing over to buyers in future... |
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investor01
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Mar 31 2016, 12:44 PM
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Dear all,
Anyone got contact for kitchen cabinet and wiring guy?
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investor01
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Apr 13 2016, 02:20 PM
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QUOTE(torres09 @ Apr 13 2016, 11:07 AM) verdi comes with partial furnish? Not sure, but I heard they are having a great deal at the moment..everyone quietly sapuing units? |
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investor01
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Apr 13 2016, 02:39 PM
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QUOTE(torres09 @ Apr 13 2016, 02:25 PM) ya, saw a banner at uem showcase in publika.. cash rebate + give car.. and lucky draw to watch euro2016 in france.. but is for all uem properties including verdi/symphony hills.. I think Verdi got "extra" special deal..suggest you call their sales agents for more details.. |
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investor01
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Apr 14 2016, 12:51 PM
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QUOTE(BEANCOUNTER @ Apr 13 2016, 03:47 PM) only good for people to wash black money nia......... investors boh hiew tis project.... ownstayers have other better buy Earlier Purchasers are the biggest losers..... I don't think so friend..their RM 1mil house was snapped up during their promotion..some more got waiting list... Really not easy to sell that price in these times.. I think its a good project that stands out among the rest in this location... |
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investor01
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Apr 15 2016, 08:41 PM
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QUOTE(pradobrutis @ Apr 14 2016, 10:14 PM) The 1 mil unit was snapped up because of its value for money. RM1 mil = 3400 sqft (LANDED) VS RM550K (after rebateS deduction) = 900sqft. (CONDO) Yea I feel the landed is worth it..however those with smaller budget can opt for Verdi la...it's still a great place to buy/stay imo... |
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investor01
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Apr 15 2016, 09:52 PM
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QUOTE(pradobrutis @ Apr 15 2016, 09:32 PM) the smart home is a mess. damn..i am going to install mine soon..hope its able to work.. btw, the aircond pipings that the developer installed, does anyone know if they are R401a or R22 gas piping? |
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investor01
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Aug 12 2016, 06:33 AM
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QUOTE(usernamethatsme @ Aug 11 2016, 04:27 AM) Fully done already? Any other upcoming phases here? At the moment only Verdi is still under construction...not sure about new phases.. |
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investor01
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Aug 15 2016, 10:47 PM
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QUOTE(Cabinda @ Aug 14 2016, 10:11 PM) looks like symphony hills rental are better than SEG, on property site, rental at symphony hills are fetching 3k-4k, while SEg are getting around 2k-3k, any idea whats going on?? For me SEG are better compare SH... but why rental different so much ah? SH nearer to amenities ?? Cause SH is better? |
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investor01
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Aug 16 2016, 08:15 PM
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QUOTE(Cabinda @ Aug 16 2016, 03:49 AM) i think SH buyers are stronger holding power.. they rather leave it empty than renting it low and destroying the house.. Maybe..and SH has got a more unique premium feel I think |
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investor01
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Aug 19 2016, 06:29 AM
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QUOTE(Cabinda @ Aug 18 2016, 04:41 AM) In terms of facilities, yes, SH are more premium... but in term of landscape, greeneries and usable build up size, SEG are much better.. SH architect design wasted lotsa space making it looks much smaller.. Different people got different taste i guess...I prefer SH as well |
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